China faces a wide variety of demographic, geopolitical, and economic limits on the regime’s power. And, socialism and Keynesianism don’t work any better in China than in the USA. Moreover, contrary to the myth, China is not run by politicians who are brilliant geniuses who “play the long game.”
Additional Reading
“China’s Military Strength Has Been Greatly Exaggerated” by Ryan McMaken: Mises.org/RR_59_Article1
“China’s Biggest Problem Isn’t Trump, It’s a Broken Banking System” by Tho Bishop: Mises.org/RR_59_Article2
“If the US Wants to Beat China, Why Is It Copying China’s Socialism?” by Mihai Macovei: Mises.org/RR_59_Article3
“China’s Military Strength Has Been Greatly Exaggerated” by Ryan McMaken: Mises.org/RR_59_Article4
“China Won’t Be Taking Over the World” by Joseph Solis-Mullen: Mises.org/RR_59_Article5
“The China Model Is Unsustainable” by Doug French: Mises.org/RR_59_Article6
Be sure to follow Radio Rothbard at Mises.org/RadioRothbard.
